The South African Minister of Economic Development has published official government notices confirming changes to the merger notifiability thresholds and the merger filing fees payable to the South African Competition Commission for large and intermediate merger notifications.
Actis has strengthened presence in Francophone Africa with real estate developments in in Cameroon and Ivory Coast.
Teranga Capital, an impact investment company dedicated to financing and supporting small and medium-sized entreprises in Senegal, has invested CFA185m ($336.7k) in Cogelec Energy, a provider of power services.
Apis Growth Fund I, a private equity fund managed by Apis, has agreed to invest in Bankers Warehouse, a provider of cash management solutions in Nigeria.
Dutch Oak Tree Foundation (DOTF) as well as multiple minority shareholders have sold their stakes in Joseph Initiative (JI) to Agilis Partners, an agricultural development company based in Uganda.
Spirit Capital has sold its majority stake in Tidy Files, a provider of end-to-end document management and storage solutions in Southern Africa, for R75m to Metrofile Holdings Ltd.
African Rainbow Capital, a fully black owned and controlled investment company, has acquired a 20% stake in fixed and mobile data network operator Rain.
LBO France in partnership with AfricInvest Europe, BNP Paribas Développement, BPI and Trocadéro Capital Partners, has acquired a majority stake in PIEX, a distributor of pharmaceutical and parapharmaceutical products in French-speaking Sub-Saharan Africa.
Knife Capital, a venture capital firm, has expanded into London after introducing UK-based Draper-Gain Investments as a strategic investor.
AgDevCo, a social impact investor and agribusiness project developer, has invested in Citrum SA to develop an export-focused banana operation owned and managed by a local team in Mozambique.
Amethis has acquired a minority stake in the Sodigaz Group, leader in the distribution of LPG bottled gas in Burkina Faso.
One Thousand & One Voices (1K1V), a US private capital fund backed exclusively by leading families, has made its third investment in Sub-Saharan Africa with the acquisition of a specialist aquaculture business headquartered in the Kingdom of Lesotho.
Secha Capital VCC, an approved section 12J company, has invested an undisclosed amount in Stoffelberg Biltong, South Africa’s fastest-growing biltong brand.
The Housing Impact Fund South Africa (HIFSA), managed by Old Mutual Alternative Investments, contributed R6.4bn in new business sales which equates to R2.5bn in GDP to the South Africa economy in 2016.
